-- Former WWE Chairman Vince McMahon has made another significant transaction, selling even more of his TKO stock. His latest sell off netted him nearly $100 million after he sold 3.5 million shares of TKO stock. Late last year, McMahon sold 8.4 million shares totalling about $700 million and more recently, he sold off about 5.35 million shares for upwards of $400 million.
-- In total, McMahon has gained over $1 billion through selling his shares. While it is unclear what the exact motive is behind selling so much of his shares or if there is a reason why he is accumulating funds, he still owns about 11.5 million shares which at the current market share price is worth nearly another $1 billion. McMahon is no longer involved with TKO or WWE, resigning as executive chairman following a serious lawsuit launched by former employee Janel Grant that accuses him of sexual abuse and sexual trafficking amongst other charges.
